Reserve Holds

• The Federal Reserve maintained the federal funds rate unchanged at 3.5%–3.75% during its March 2026 meeting, marking the second consecutive session without adjustment. • Policymakers cited solid economic expansion despite subdued job gains and elevated inflation above target levels. • The decision reflects caution amid global volatility, including Middle East conflicts driving oil prices up over 40% and renewed US trade frictions.

• The U.S. Federal Reserve decided to hold interest rates steady on March 19, 2026, in its first move since oil prices spiked due to the Iran war. • Officials cite inflationary pressures from energy disruptions but project stability if conflict de-escalates. • The decision impacts American consumers facing higher gas prices, influencing mortgage and loan rates nationwide.